Canalys: China's top five smartphone vendors accounted for 20 percent of Q2 shipments

Summary:Not only did Chinese vendors continue to take over the smartphone market last quarter, but China accounted for a third of all shipments worldwide too.

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Following last week's report from Canalys highlighting Android's rise over iOS in the global tablet market, turns out there is another major trend on the rise that can be extracted from the figures.

According to the market research firm's second quarter worldwide smartphone shipment estimates, China's top five tablet vendors accounted for roughly a fifth (20 percent) of all shipments over the last three months. That's up from 15 percent from the same quarter last year.

See also: Android surpasses iOS in yet another global tablet market share report

That collective consists of Lenovo, Yulong, Huawei, ZTE and Xiaomi.

Shipments in China alone grew 108 percent on an annual basis to approximately 88.1 million. Therefore, China accounted for a third of all shipments worldwide last quarter, which roughly totaled 238.1 million units.

Nicole Peng, a research director covering China at Canalys, explained in the report that these vendors -- especially Lenovo -- are seeing their slices of the market share increase thanks to targeting the low-end of the cost spectrum.

The critical task for these vendors now though is to reduce their reliance on their home market and grow their businesses internationally. To achieve this they will need to invest in patents, establishing local teams and channels as well as diversifying their product portfolios to attract a broader range of consumer segments.

But China's smartphone market isn't the only one seeing dramatic changes.

Canalys researchers found that India's smartphone market is growing the fastest with nearly nine million units shipped, up 129 percent, making India the third largest smartphone market.

The United States continues to remain in second place.

Chart via Canalys

Topics: Mobility, Android, China, Smartphones, Tablets

About

Rachel King is a staff writer for CBS Interactive based in San Francisco, covering business and enterprise technology for ZDNet, CNET and SmartPlanet. She has previously worked for The Business Insider, FastCompany.com, CNN's San Francisco bureau and the U.S. Department of State. Rachel has also written for MainStreet.com, Irish Americ... Full Bio

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